Baby Basics of Sarasota Inc

Analysis

Baby Basics of Sarasota Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Baby Basics of Sarasota Inc reported income of $60k and spending of $76k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $60k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Baby Basics of Sarasota Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 27th percentile within FL. Charities of a similar size with the same main cause include Tunica County Services Agency Inc ($60k), Helping Hands of Celina Inc ($60k) and Marco Island Kiwanis Foundation Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.